Ukraine

Russia plans to ship 2.1 million barrels per day from its western ports in September, revising exports upward amid lower domestic demand following drone attacks on key refineries.
OPEC+ begins a new phase of gradual production increases, starting to lift 1.65 million barrels/day of voluntary cuts after the early conclusion of a 2.2 million barrels/day phaseout.

Two sanctioned Russian LNG carriers deliver to China despite restrictions

The Voskhod and Zarya vessels, targeted by Western sanctions, departed China’s Beihai terminal after potentially offloading liquefied natural gas from the Arctic LNG 2 project.
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Eight OPEC+ members will meet to adjust their quotas as forecasts point to a global surplus of 3 million barrels per day by year-end.
Greek shipping companies are gradually withdrawing from transporting Russian crude as the European Union tightens compliance conditions on price caps.

Zelensky urges Slovakia to stop buying Russian oil via Druzhba pipeline

The Ukrainian president demanded that Slovakia end its imports of Russian crude, offering an alternative supply solution amid ongoing war and growing diplomatic tensions over the Druzhba pipeline.
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A key station on the Stalnoy Kon pipeline, essential for transporting petroleum products between Belarus and Russia, was targeted in a drone strike carried out by Ukrainian forces in Bryansk Oblast.
Rosneft Germany announces the resumption of oil deliveries to the PCK refinery, following repairs to the Druzhba pipeline hit by a drone strike in Russia that disrupted Kazakh supply.

Russia targets 30 million tons of coal transported via Pacific Railway by 2026

The new Russian railway line linking the Elga mine to the Sea of Okhotsk port will reach full capacity in 2026, after an operational testing phase scheduled for 2025.
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India increased its purchases of Russian oil and petroleum products by 15% over six months, despite new US trade sanctions targeting these transactions.
Gazprom and China National Petroleum Corporation have signed a binding memorandum to build the Power of Siberia 2 pipeline, set to deliver 50 bcm of Russian gas per year to China via Mongolia.

T Plus to maintain electricity production at 57.6 TWh in 2025

Russian group T Plus plans to stabilise its electricity output at 57.6 TWh in 2025, despite a decline recorded in the first half of the year, according to Chief Executive Officer Pavel Snikkars.
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Indonesia will finalise a free trade agreement with the Eurasian Economic Union by year-end, paving the way for expanded energy projects with Russia, including refining and natural gas.
During a meeting in Beijing, Vladimir Putin called on Slovakia to suspend its energy deliveries to Ukraine, citing Ukrainian strikes on Russian energy infrastructure as justification.

Moscow and Bratislava discuss the Ukrainian conflict and energy cooperation

Vladimir Putin and Robert Fico met in China to address the war in Ukraine, regional security and energy relations between Russia and Slovakia.
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Saudi and Iraqi exporters halted supplies to Nayara Energy, forcing the Rosneft-controlled Indian refiner to rely solely on Russian crude in August.
Russian nuclear group Rosatom has confirmed advanced discussions with India and Turkey to launch new power plants, including advanced and floating reactor technologies.

Hungary launches pipeline with Serbia despite regional supply tensions

Budapest plans to complete a new oil link with Belgrade by 2027, despite risks of dependency on Russian flows amid ongoing strikes on infrastructure.
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Hungary has imported over 5 billion cubic metres of Russian natural gas since January via TurkStream, under its long-term agreements with Gazprom, thereby supporting its national energy infrastructure.
Slovak Prime Minister Robert Fico plans to meet Vladimir Putin in Beijing before receiving Volodymyr Zelensky in Bratislava, marking a diplomatic shift in his relations with Moscow and Kyiv.
In response to the Russian strikes, Ukraine plans to decentralize its energy production, favoring small renewable power plants.
OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.

Libya: Ukrainian attacks affect oil imports

Ukraine's drone attacks on Russia are affecting an illicit oil trade in Libya, already a source of political tension.
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The US Department of Energy suspends the planned purchase of 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) in Louisiana, adjusting its strategy in the face of high crude prices.
The Taneco refinery in Russia was the target of the farthest drone strike from Ukraine to date, illustrating the company's increased operational capability.

France: Vinci wins contract to extend Orano’s uranium plant

Vinci Construction wins a major project with Orano to expand the uranium plant at the Tricastin site, reducing dependence on Russian fuel.
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New Russian strikes "seriously" damaged three thermal power plants in Ukraine, on the night of Thursday March 28 to Friday March 29.
An agreement signed at Atomexpo 2024 in Sochi commits Rosatom to the development of floating nuclear power in Russia's Far East.

USA: Record LNG shipments to Asia via the Cape of Good Hope

In March, a record number of US LNG cargoes reached Asia via the Cape of Good Hope, bypassing the Panama and Suez canals.
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A first meeting of Chinese and Japanese experts on Fukushima water discharge has been announced by the Japanese Ministry of Foreign Affairs.
Restoring Western Ukraine's two largest thermal power plants, a process estimated to take a year, requires reinforced air defenses.

Energy transition: EU approves France’s 900 million euro plan

The European Commission validates a 900 million euro French plan to support the transition to a net-zero economy.
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Prime Minister Gabriel Attal announces €150 million in energy savings for government buildings by 2023.
France is studying the possibility of building a site for the conversion and enrichment of recycled uranium, a first outside Russia.

EDF’s takeover of General Electric: A geopolitical affair

EDF's takeover of General Electric's nuclear business, initially a financial negotiation, is now coming up against major geopolitical issues.
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Washington is targeting the Iranian network to curb the financing of regional activities via the trade in energy products.
Recent attacks on Ukrainian gas storage facilities have caused fluctuations in European gas and LNG prices.

In Vienna, wastewater is pumped for heating without Russian gas

Vienna has developed a wastewater pumping system used to supply around 56,000 homes. Objective: reduce dependence on Russian gas.
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Africa, historically known for its oil resources, is now turning its energy sector towards natural gas.
A Russian attack damages the infrastructure of a Ukrainian gas storage site, without affecting supplies, according to Naftogaz.